The Financial Reporting Council (FRC) upholds the quality of financial reporting of listed entities in Hong Kong, so as to enhance protection for investors and deepen investor confidence in corporate reporting.

Our values

FRC is committed to the following core values:

Independence and impartiality

The FRC operates independently. We perform our functions fairly, impartially and consistently, free from interference by the auditing profession and listed entities, and from political pressure.

Accountability and transparency

The FRC believes that as a regulator, we should be accountable and transparent. We publish operational statistics, information on investigations and enquiries, and other reports. This allows the profession and the public to understand our operations and facilitates judgment of our performance.

Integrity

Given the nature of our work, it is essential that members of the FRC Council and the staff are of the highest integrity. We adhere to high ethical standards in conducting our activities.

Proficiency

We pledge to achieve our missions efficiently, effectively and professionally.